57-8-60. Administration of funds.
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Effective 5/8/2018
57-8-60. Administration of funds.
An association of unit owners:
(1)shall keep all of the association of unit owners' funds in an account in the name of the association of unit owners; and
(2)may not commingle the association of unit owners' funds with the funds of any other person.
Enacted by Chapter 395 , 2018 General Session